Why Ocean Freight Still Has a Place in 2024
Even in our modern world of air freight and technology, ocean freight shipping still occupies an important place in global trade and transportation. According to Statista, ships transport 80% of goods. As we move towards 2024, international freight forwarding by sea offers unique benefits that continue to give it an edge for certain types of cargo. Here are some of the key reasons why it will remain relevant in 2024.
Cost-Effective
If you need to move a lot of cargo, ocean freight provides affordable pricing. The cost per unit becomes very low when you can utilize the full cargo capacity of a massive container ship. This makes this option ideal for large volumes of goods or for companies importing bulk commodities, raw materials, or manufactured goods from overseas. The savings add up quickly, making it a cost-effective choice over air transportation.
Heavier Cargo
When it comes to oversized, heavy, or bulky items, ocean freight is often the only viable option. Container ships have more capacity for large, heavy containers than planes do. Special project cargo like industrial equipment, generators, turbines, and even yachts can be transported economically via the ocean when other modes of transport won’t work. Additionally, weight limits for air freight are much lower than for ocean containers.
Sustainability
With today’s focus on sustainability, ocean freight demonstrates some environmental benefits over air transportation. Transporting goods by sea generates fewer carbon emissions per unit than flying. Boats can also utilize economies of scale to maximize efficiency. As companies aim to reduce their carbon footprints, international freight forwarding by sea offers a greener advantage for high-volume logistics.
Transit Times
Ocean freight offers faster transit times than traditional breakbulk shipping, but slower than air. However, variable speed options allow shippers flexibility. For example, choosing a slower vessel can significantly reduce costs. However, expedited services are available for urgent shipments. Most shippers can find an optimal transit time relative to their budget and needs.
As global supply chains continue to evolve, ocean freight maintains distinct advantages that keep it relevant. From cost savings to cargo capacity, ocean shipping solutions remain indispensable for many businesses. Working with a knowledgeable international freight forwarding partner can help you determine when it’s the right choice over other modes of transport. Reach out to us today to learn more about the services we offer.
